Telegram-herald., 1887-10-09

s4la a. TAs 5asiuess wak ia a. snisncs
aud wsx purely az sxperlulsas No ehe eut
af oAs kuneEea xllsua oUf issa@l capitalists
tAoo<Ei thsi pfofst oa0id bs so ett ~ =,
= 5i1A "A proeen Is ihs iAel taai ellaost -
2asn thfy rei1se8 fo take liis stook which
wAs erss1 apea taeIa bg tks ns~ Company.
( nztel these dsseoafaklsig circumstances lie
Urana kaplas slsees Railway o0uApans VA
0rgAnl<t1. The Franchise iDsie&o oi belng
aoailion ooss the Company SAi10J0 fhen
every fool ~ the ED hnek has - be taken
Dp aAa rebuilt Ase lines had - be hUslt
At 0ngx. new aDd expensive equipment
tsToag Aonl Lad to loilow these preliminary
csaHEex tausrns oexsn IL see horses that
wee 4orses, aao cars thai soala De cre1it
~ 31s metropolitan hns sooa beoeNs eoAa-
t2oB. The lines we're extended a. far and
las trips g. malupliea that pasrens eoaid
rlee 10 tie suburbs IA slnoss any direction.
and car could always be had With very
Little waiting In ~oFt the Grand bsF'ids
railway system under the management VI
TIE new Iompany became . FenaiDe sys-
tefn, and one which compared isyofebs
Win that of the largest cities la the
country. Aud all tins time II WAS de
IaoastrAsls lac patent 10 al business men
thsi every dollar sAsds by the Company and
much more was being pat back into The
road and used for its extension and i'm
pTovemenL There VAS not Que dollar ieft
ioF dividends. But ghs Company was build
lng Tor the future. aud lts stock holders as
rule have pocseted their present iosscs. aud
stood by their investment. although Ar.
Gus, one of the largest investors, dlG be
come so disguised with The unoslled-f0r
abuse heaped upon the Company, and 50
called "ioreign.ospitsiists," 80 70 sell out the
whole oil his stock at large discount iroh
par value. And the Company has not
only "heid on but il has
continued 10 Increase is expenditures
IA every direction that oeicrence 10 the
convenience Of the public could suggest.
We are credibiy informed over so.V00 ~ss
expended Al Reeds LAKE alone this season
in providing free enterixinmeRl oi = high
0rucr for patrons oi the To2d Ibo band
alone cost tAe company over $40 psf week
throughout the season. And a ~ 40 way
detrasls from the aesefyings of tue conl-
p&ny st the hands OF tie general public
that tney made this extraordinary expenti-
tufs from business motives IL IL al sni-
ficieni 10 the thousands and ten thousands
Of the people who have prOtted BY the ex-
yenditure and enl0ySd rides 10 Reed Lake
throughout the hot summer. the rest at the
pavilion. the splendid band music. and the
various free exhibitions provided, that they,
the people. have been thus benefited Ana II
would be hard 10 inske these people believe
was a. has beea srgusd) = puolic nuisance
and a CSrse iBsteas Of a puossc bcneiactor.
Furthermore thc ,foreiga capital that was
used with Shica 10 pr01uce these benefits
was taus q once converted into holne cap
itsl. and Il certainly better Elnd OF home
capital no matter where 4 = brought IRON
into Grand Rapids. than that capital which
goes away from home 20 the Upper Pen-
iBsuls, tue southern pine forests, or Tie
western ulines) for an Investment, where lt
il entirely removed from home circulation
ond from the capacity VI working any I'M
mediate home benefits Aud hDsliy Gr.
Ball. of the Democrat, the most prominent
opponent of the Grand Rapids Street Kali
way Company. only a short time sioce IL
sn article commenorsting the anniversary
OF his accession 10 the ownership OF that
paper and which enumerated the public
beRedts which had accrued - the city from
that change LAID particular and very par
donable slress upon the fact that tue Dcn-
ocrdt paid out annually tie SUN OF $4,000
waich went directly into local circulation
in Grand Rapids. Thirty thousand dollars
is good deal of moaey, snd when IL goes
into local circulation II has gone just where
il belongs, aud Mr.. Ball IN putting this SUM
into circulation has 10 this extent been q
public benefsctor. Bat il one business con-
Germ is entitled 10 credit for annually doing
the city good 10 the value oi SO 0OO. GER
tsinly another business institution il en-
titled at least to equsl credit when IL an
nually does the city good 20 the extent of
$4,000, which. we are informed, is about
the sum that the Grand Rapids Street Rail
way Company each year eIpeDds IN Grand
Rapids. 20 say nothing about the large SUNS
being constantly expended by the company
for horses. cars. tracks. and other details
pertaining TO the regular perstion OF the
road II the Democratic financial good
works are meat for the ity. why should
similar (only much great financial good
works on the part OF he Grand Rapids
Street Railway Company be branded by the
Democrat itself ss poison. CITIZEN.